FMET

Fidelity Metaverse ETF
*Unless otherwise stated, data provided by FactSet.

FMET Fund Description

FMET tracks a market cap-weighted index of equities that provides global exposure to the future state of the internet: the metaverse.

FMET Factset Analytics Insight

FMET holds stocks and depositary receipts of globally listed companies that develop, manufacture, distribute, or sell products related to the metaverse. Eligible companies must derive at least 50% of their revenue from (i) computing hardware, (ii) digital infrastructure, (iii) design & engineering software, (iv) gaming technology & software, (v) web development & content services, and (vi) smart phone & wearable technology. The index uses quality screens based on trailing or next 12-month revenues, operating cash flow, sales growth, and analyst coverage to filter out companies that pose significant risks. Then securities are ranked for thematic relevance, which is a composite of total significant revenue, percent of significant revenue, and a natural language processing (NLP) score. Approximately 50 stocks are selected and the portfolio is weighted according to market capitalization, subject to liquidity constraints and a 4.5% single weight capping. The index is rebalanced quarterly.

PERFORMANCE [as of 06/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FMET -10.35% -- -- -- -- -- --
FMET (NAV) -10.22% -- -- -- -- -- --
N/A -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FMET Summary Data

Fidelity
04/19/22
Open-Ended Fund
0.39%
$10.86M
$354.63K
0.28%

FMET Portfolio Data

$277.13B
21.50
3.13
--
N/A
51

FMET Index Data

N/A
Market Cap
Fundamental
N/A

FMET Portfolio Management

0.39%
--
--
--

FMET Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FMET Fund Structure

Open-Ended Fund
No
--
-- / --
N/A
N/A
Low
Daily

FMET Factset Analytics Block Liquidity

As of 07/01/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FMET. FMET is rated a N/A out of 5.

FMET Tradability

15,480
$354.63K
11,102
$263.73K
0.28%
$0.06
0.26%
1.24% / -0.59%
None
--
--
--
--
--
0
$21.32
N/A

FMET Sector/Industry Breakdown


FMET
Segment Benchmark
71.70%
--
16.24%
--
11.56%
--
0.50%
--

FMET Top 10 Holdings[View All]

5.04%
Apple Inc. 4.61%
4.35%
3.34%
41.62%

FMET Countries


FMET
Segment Benchmark
47.84%
--
15.18%
--
12.80%
--
11.30%
--
4.60%
--
1.67%
--
1.51%
--
1.39%
--
1.37%
--
1.34%
--

FMET Regions


FMET
Segment Benchmark
47.84%
--
42.13%
--
10.03%
--

FMET Economic Development


FMET
Segment Benchmark
98.66%
--
1.34%
--

FMET Performance Statistics

--
--
--
--
--
N/A

FMET Benchmark Comparison Holdings

51
--
--
--

FMET Benchmark Comparison Summary


FMET
Segment Benchmark
51
--
$277.13B
--
21.50
--
3.13
--
0.47%
--
Medium
--

FMET Benchmark Comparison Market Cap Size


FMET
Segment Benchmark
62.30%
--
26.46%
--
9.52%
--
1.71%
--

Options Strategies for Outcome Investing

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